36582 : Advice

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Jeri Patrick, Real Estate Pro in Savannah, GA
Jeri Patrick answered:
what do i need to do before i buy a house?
Getting Pre-Qualified for financing is the first step. That will let you know what your parameters will be for your purchase.
0 votes Share Flag Sat Feb 4, 2012 Home Buying in 36582
Mack McCoy, Real Estate Pro in Seattle, WA
Mack McCoy answered:
If have a 100,000 dollar mortgage why can't i have only a mortgage ins. policy to cover this amount?
Yeah!

So you're thinking that if the property sustains $125,000 worth of damage, you'll then pay off the mortgage and won't rebuild the home?
0 votes Share Flag Thu Mar 10, 2011 Home Insurance in 36582
Rameh Khazen, Real Estate Pro in Mobile, AL
Rameh Khazen answered:
do i need to try and continue to pay my mortage while i am waiting on approveable from modification?
Hello!

I would definitely continue to pay the mortgage while awaiting the loan modification. If it doesn't get approved you would then owe a few months back payments and that c ... more
1 vote Share Flag Sun Feb 6, 2011 Financing in 36582
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